Events listed in Capital Requirements Regulation (CRR)
FI notifies the EU regarding extension of the existing risk weight floor for ...
ID 24920
The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release regarding the extension of the risk weight floor for Swedish retail mortgage exposures of institutions using the internal ratings-based (IRB) approach to calculate risk-weighted exposure amounts for credit risk and subsequent capital requirements. Specifically, FI has notified the European Central Bank (ECB), the European Systemic Risk Board (ESRB) and the European Commission . ...
EBA issues Opinion to the Ministry of Finance of Poland on measures in accordance ...
ID 24903
EBA has issued an Opinion in response to a notification from the Ministry of Finance of Poland regarding measures related to foreign currency housing loans. Poland intends to extend a measure introduced in March 2022 to limit risks associated with these loans by encouraging banks to settle with borrowers. EBA does not object to this extension, which will last for an additional 24 months, ...
Verordnungsentwurf zur Änderung der CRR-Begleitverordnung 2021
ID 24897
Die FMA plant die CRR-Begleitverordnung 2021 zu ändern, um die Vorabgenehmigung für die Rückzahlung gekündigter Genossenschaftsanteile für das Kalenderjahr 2024 zu verlängern. Diese Verlängerung beinhaltet verschiedene Anpassungen, darunter die Änderung von Datumsverweisen in § 2 der CRR-BV 2021 von 2023 auf 2024. Speziell werden §2 Abs. 1 Z 3, Z 4 und Z 5, sowie Abs. 4 Z 1 geändert, um die aktualisierten Daten ...
Commission Implementing Regulation (EU) 2023/1718 of 8 September 2023 amending the ...
ID 24890
New Commission Implementing Regulation (EU) 2023/1718 in relation to the list of closely correlated currencies for purposes of calculating risk exposures and thus capital requirements of financial institutions has been published in the Official Journal (OJ) of the EU. The new regulation updates the existing regulation on same issue, namely Commission Implementing Regulation (EU) 2015/2197, by replacing the list of closely correlated currencies set ...
Capital requirements of Swedish banks as of Q2 2023
ID 24735
The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release to inform of the availability of the latest capital requirements of Sweden’s largest banks and credit institutions in supervisory categories 1 and 2 at the end of Q2 2023. The capital requirements are thereby published for Sweden’s three major banks, Handelsbanken, SEB and Swedbank, as well as for Länsförsäkringar, Klarna, Kommuninvest, Svensk ...
The EBA is collecting bank data on interest rate risk in the banking book
ID 24581
EBA announced its decision to conduct an ad-hoc data collection exercise related to IRRBB. The collected data will be obtained from institutions already participating in the QIS and will use templates outlined in the final draft of ITS for IRRBB reporting. This data collection, with a reference date of the end of 31 December 2023, aims to provide relevant regulatory authorities with timely information ...
EBA updates timeline for the implementation of the IRB roadmap and publishes its ...
ID 24580
EBA announced significant developments concerning the implementation of IRB model requirements, aimed at reducing compliance costs for financial institutions. The EBA introduced modifications to the IRB model roadmap to address portfolios no longer eligible for the AIRB approach under the final Basel III framework, which primarily applies to large corporations, institutions, and financial sector entities. In light of the forthcoming implementation of Basel III ...
The EBA publishes follow-up Report on the use of machine learning for internal ...
ID 24565
EBA has issued a comprehensive follow-up report concerning the utilization of ML within the realm of IRB models. This report is an outcome of feedback collected during a consultation on this subject (eventid=13583). It underscores that financial institutions are adopting ML techniques in a targeted manner, primarily in the risk differentiation phase of IRB model development. However, the intricacies of employing ML give rise ...
ID: 2022_6670 – The risk-weighted exposure amount of the CIU’s exposures in ...
ID 24563
EBA has published 2 new Q&As regarding issues relating to the CRR, full quote: — 2022_6670 – Credit risk – The risk-weighted exposure amount of the CIU’s exposures in mandate based approach QUESTION: Could the institution use the information from the CIU management company about the notional amount of derivative positions of CIU to assess the value of those derivatives in calculating risk-weighted exposure ...
The EBA consults on technical standards to identify extraordinary circumstances to ...
ID 24547
EBA initiated a public consultation regarding draft RTS aimed at identifying exceptional circumstances of market disruption for the continued use of an internal model. These circumstances would allow for the relaxation of certain requirements related to the calculation of capital reserves for market risk when using internal models. The proposed draft RTS establishes a framework to recognize extraordinary situations, outlining conditions that must be ...